22, GARROD APPROACH, MELTON, WOODBRIDGE, IP12 1TD - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 GARROD APPROACH is a very large detached house of 245m², built sometime between 1996 and 2002, which could now be worth an estimated £832,719. It was last sold for £675,000 in May 2018, which was around 97% above the average May 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

22 GARROD APPROACH Sold Prices

Land registry data shows three sales for 22 GARROD APPROACH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 22 GARROD APPROACH sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 22 MAY	£675,000	£342,920	97% above HPI
2013 28 OCT	£520,000	£266,690	95% above HPI
2002 31 JUL	£375,000	£158,645	136% above HPI

22 GARROD APPROACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 22 GARROD APPROACH sales between July 2002 and May 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2013 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the May 2018 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 22 GARROD APPROACH be worth now?

22 GARROD APPROACH might now be worth an estimated £832,719.

This is based on house price inflation of 23.4%, between May 2018 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 22 GARROD APPROACH of £675,000 on 22nd May 2018. For the value to have increased from £675,000 to £832,719 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 22 GARROD APPROACH has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2018 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GARROD APPROACH has not materially changed since May 2018.

How Large is 22 GARROD APPROACH?

22 GARROD APPROACH is 245m² according to the EPC inspection conducted in February 2010. This puts it in the largest 20% of detached houses houses in Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton, and where 22 GARROD APPROACH lies on this distribution: 90% of detached houses houses are smaller than 22 GARROD APPROACH, and 10% of houses are larger. Note that EPC data is not available for all properties in Melton.

22 GARROD APPROACH: Plot and Title Map

22 GARROD APPROACH sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of 22 GARROD APPROACH, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 22 GARROD APPROACH). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 22 GARROD APPROACH?

22 GARROD APPROACH is located in MELTON, in the IP12 postcode district. The below map shows the position of No. 22 on GARROD APPROACH.